The origin of the merger drop was in the economic downturn and volatility that predated Sept. 11, … The economic disruption associated with Sept. 11 only solidified that trend.

It is vitally important for companies to examine and understand what the regulatory response is going to be and how to manage it.

Mergers that are announced in January typically get started the prior September.

[Although the market dropped, some analysts still are hesitant to say we’ve hit the bottom.] We’re at a level that is as low as has been for a couple of years, … We are leveling...

I believe the matter is resolved. We’re just reducing it to writing.

September and October were absolute low points [for mergers] … Who thought about starting a deal on Sept. 15 or Oct. 15?